Savannah has announced that it had entered into a Share Purchase Agreement (SPA) with PETRONAS (E&P) Overseas Ventures to acquire PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon. Completion of the proposed acquisition remained subject to satisfaction of certain conditions precedent which has not yet been satisfied, and Savannah and PETRONAS have, therefore, […]

Victoria Oil & Gas ( VOG ), whose wholly owned subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon has declared provisional provides update on its operations and corporate activities in various locations as stated below. Logbaba Gas production continued in […]

Bowleven, the Africa focused oil and gas Exploration and Production Company with key interests in Cameroon, has announced the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy)’s definitive conditional agreement with a subsidiary of Perenco, to transfer all of New Age’s participating interests in the Etinde permit […]

Tower Resources, the AIM-listed oil and gas company with a focus on Africa, has  provided an update on activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon. Cameroon Financing Tower Resources Cameroon SA (TRCSA), has executed a term sheet with BGFI Bank Group, the largest […]

The €11 million guarantee granted by BGFI Bank will enable the Norwegian company Scatec, which is responsible for producing and injecting electricity into Cameroon’s national grid in the north, to be paid on time. With respective capacities of 14.72 MWp and 15.78 MWp, the solar power plants of Maroua and Guider are part of the […]

Savannah Energy PLC, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, has announced that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon. The Proposed Acquisition would […]

Victoria Oil & Gas Plc subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced that GDC has received US$5.1 million gross funds from Eneo in line with the final settlement agreement of 16 April 2021. The company said it Has reached the […]

Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon.  The Proposed Acquisition would include a […]

Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A, is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced first quarter operational update to its shareholders. HIGHLIGHT ·  Sales. Average daily gross gas sales rate for the quarter of 5.2 MMscf/d (Q4 20: 5.1 […]

Victoria Oil & Gas Plc, whose wholly owned subsidiary, Gaz du Cameroun S.A. (“GDC”), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has said that it has settled amicably a gas supply agreement with Eneo. On 16 April 2021, GDC signed a settlement agreement with Eneo which will result […]